Price for Horses; Live, Pure-Bred Breeding Animals in Pakistan - 2023

Price for Horses; Live, Pure-Bred Breeding Animals in Pakistan (CIF) - 2022

The average import price for horses; live, pure-bred breeding animalses stood at $1,792 per unit in 2022, jumping by 41% against the previous year. Overall, the import price, however, faced a abrupt shrinkage. The pace of growth was the most pronounced in 2020 an increase of 152%. As a result, import price reached the peak level of $11,506 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,121 per unit), while the price for Germany ($461 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+119.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Horses; Live, Pure-Bred Breeding Animals in Pakistan

In 2022, horses; live, pure-bred breeding animals imports into Pakistan contracted remarkably to 612 units, with a decrease of -45.6% against the previous year's figure. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,025% against the previous year. As a result, imports attained the peak of 1.1K units, and then shrank sharply in the following year.

In value terms, horses; live, pure-bred breeding animals imports dropped remarkably to $1.1M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year. Imports peaked at $1.4M in 2021, and then shrank remarkably in the following year.

Import of Horses; Live, Pure-Bred Breeding Animals in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Argentina	314	141	523	387	7.2%
Netherlands	331	245	223	207	-14.5%
United Kingdom	102	412	159	169	18.3%
Germany	69.2	143	218	161	32.5%
United States	3.9	3.0	116	85.4	179.8%
Belgium	35.7	165	58.1	64.9	22.0%
France	21.5	20.5	14.7	14.6	-12.1%
Bulgaria	N/A	11.7	25.6	N/A	118.8%
Others	13.6	8.2	96.8	8.5	-14.5%
Total	891	1,151	1,434	1,097	7.2%